The "re-rating" is happening as we speak. $3.6m is a joke for a company that is still valued >$ 700m.
The problem ist that people have expected not 10x as much but 100x as much.
Fact is: China still has the market power to make this beautyful LAMP a bad investment, at least for the retail investor.
The "re-rating" is happening as we speak. $3.6m is a joke for a...
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Last
$6.17 |
Change
0.010(0.16%) |
Mkt cap ! $5.767B | |||
| Open | High | Low | Value | Volume |
| $6.18 | $6.22 | $6.14 | $10.91M | 1.767M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12550 | $6.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.18 | 124 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |